AImotive raises $20 million for driver-assistance and self-driving car software
Summary
Its also a sign software is becoming an important piece of technology as we head toward the future of automated driving.AImotive will continue its international expansion by opening offices in Munich, Germany and Detroit, allowing the company to provide enhanced support for its automotive partner. We work with huge customers and we want to be a stable partner, so we must hire more local people.Ive interviewed Kishonti a few times and drove in a car using his companys pedestrian detection software in Mountain View, California. Over the last five years, the company has grown from its Budapest headquarters to offices and testing locations in key automotive areas over three different continents. Bernhardt Bihr is joining the board with 15 years of experience as president at Bosch Engineering.AImotives software is being used in a Kyocera camera for mass-market cars. He also opined that Apple beat Nokia in smartphones mainly on the superiority of its software.It is one thing to have better detection of road traffic and being able to manage the control of the car in a tough situation, Kishonti said.
Funding
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